Oil Futures Rangebound, Nymex Crude Trades Flat

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Eric Yep Crude-oil futures moved in a narrow price range in Asian trade Friday after dropping overnight on high stockpiles of gasoline in the U.S. and as markets await tighter sanctions against Russia. On the New York Mercantile Exchange, ...

Indonesia President Approves New Contract Terms With Freeport -Minister

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Linda Silaen and Deden Sudrajat JAKARTA, Indonesia--Indonesia approved new mining-contract terms for PT Freeport Indonesia Friday, according to government officials. The new contract was agreed to by President Susilo Bambang Yudhoyono. It is expected to be signed Friday by ...

Euro-Zone Private-Sector Lending Improves Slightly

TODAY: July 25, 2014 PUB DATE: July 25, 2014

FRANKFURT--Private-sector lending improved somewhat in the euro zone in June though it remained below year-ago levels, the European Central Bank said Friday, suggesting that credit conditions are slowly starting to improve which may in turn boost the region's economic growth ...

U.K. Output Rises 0.8% in Second Quarter, Passing Precrisis Peak

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Jason Douglas and Nicholas Winning LONDON--Britain's economy finally overtook its prerecession peak in the second quarter, official estimates showed Friday, more than six years after a global banking crisis caused a sharp downturn. The Office for National Statistics said ...

Russian Markets Shrug Off Interest Rate Rise

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Josie Cox and Chiara Albanese Russian markets showed only a muted reaction to the central bank's decision to raise interest rates for the third time in five months Friday, even though the move was largely unexpected. Economists and strategists ...

Brazil's Consumer Confidence Increases in July

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Rogerio Jelmayer SAO PAULO--Brazil's main consumer confidence index rose for the second consecutive month in July, due to signs of slowing inflation and the positive effects of the World Cup, the Getulio Vargas Foundation, or FGV, said Friday. FGV ...

Net trade surplus at SEK 5.2 billion in June

TODAY: July 25, 2014 PUB DATE: July 25, 2014

Press release from Statistics Sweden 2014-07-25 9:30 AM Nr 2014:434 Exports, imports and net trade balance, June 2014: Net trade surplus at SEK 5.2 billion in June In June 2014 Swedish exports of goods amounted to SEK 95.6 billion, while ...

Asian Shares Mixed, Toyko Helped by Soft Yen

TODAY: July 25, 2014 PUB DATE: July 25, 2014

Asian stocks were mixed early on Friday, with a weaker yen helping Japan lead the region higher at the end of a positive week. Japan's Nikkei Stock Average rose 0.5% as the yen softened against the dollar--a positive for the ...

CURRENCIES: Euro Bruised After Weak German Sentiment

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Hiroyuki Kachi MADRID (MarketWatch) -- Weak German business-sentiment data underpinned the U.S. dollar on Friday, and weighed on the single European currency. The euro (EURUSD) last traded at $1.3452 from $1.3462 in late North America trading. The British pound ...

U.S. Durable Orders Up 0.7% in June

TODAY: July 25, 2014 PUB DATE: July 25, 2014

WASHINGTON--Orders for big-ticket manufactured goods rebounded in June, a sign that increased capital investment by businesses could boost U.S. economic growth heading into the second half of the year. Demand for durable goods--products like airplanes, cars, heavy machinery and appliances ...

MARKET SNAPSHOT: U.S. Stocks: Futures Lower; Amazon Tumbles

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stock futures leaned lower Friday, as Amazon.com Inc. tumbled in premarket trade after disappointing results and Xerox Corp. and Starbucks Corp. also fell post-earnings. Futures had virtuallyno reaction ...

Geopolitical Turmoil Takes Toll on German Business Confidence -- Update

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Brian Blackstone FRANKFURT--German business sentiment slid markedly in July, a closely watched survey showed, suggesting that turmoil in Ukraine and the Middle East may weigh on Europe's largest economy. Other reports Friday, on German consumer sentiment and euro-zone bank ...

German GfK August Consumer Sentiment at 9.0 vs 8.9 in July

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Todd Buell German consumer sentiment rose to its highest level in nearly eight years, survey data from the Nuremberg-based GfK institute showed Friday, although it warned that the downing of Malaysia Airlines Flight 17 could still cloud the consumer ...

Geopolitical Tensions Weigh on German Economy, Data Suggest

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Todd Buell Geopolitical tensions are weighing on the German economy, suggesting that the country faces growth risks in the third quarter after what was likely a flat a second quarter, data published Friday indicate. The lead indicator of the ...

U.K. Output Rises 0.8% in 2Q, Passing Precrisis Peak

TODAY: July 25, 2014 PUB DATE: July 25, 2014

LONDON--Britain's economy finally overtook its prerecession peak in the second quarter, official estimates showed Friday, more than six years after a global banking crisis caused a sharp downturn. The Office for National Statistics said the U.K. economy expanded 0.8% in ...

Russian Central Bank Raises Key Interest Rate to 8% From 7.5%

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Olga Razumovskaya MOSCOW--The Russian central bank on Friday raised its key interest rate to 8% from 7.5%, and warned that if inflation risks remain high in Russia the bank will continue to increase its key rates. The Bank of ...

MARKET SNAPSHOT: U.S. Stocks: Nasdaq Futures Looks Weak As Amazon Tumbles

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- Stock futures leaned lower Friday, as Amazon.com Inc. tumbled in premarket trade after disappointing results and Xerox Corp. and Starbucks Corp. also down post-earnings. A single piece of economic data -- orders for ...

EU Lines Up Sector-Wide Economic Sanctions on Russia

TODAY: July 25, 2014 PUB DATE: July 25, 2014

By Laurence Norman and Matthew Dalton BRUSSELS--European officials Friday put off discussion about imposing sanctions on members of President Vladimir Putin's inner circle but pressed ahead with plans to deliver sector-wide economic sanctions on Russia next week, officials said. Ambassadors ...